Knowledge Risk Management in Organizations: Findings from Latin America

Abstract

This exploratory study aims to provide initial insight into knowledge risk management. More precisely, it describes whether and to what extent knowledge risk management is practiced in organisations in different selected Latin American countries. A sample of organisations located in different Latin American countries is surveyed in order to understand how knowledge risks are managed, which knowledge risks are managed, and what tools and methods are used to manage these knowledge risks. The study presents information regarding knowledge risk management, as well as knowledge risks that are addressed in public and private organisations in different Latin American countries. Additionally, overviews of the methods used to manage those knowledge risks and the consequences of missing management of knowledge risks are shown. Based on the findings, decision-makers may identify and initiate actions to improve their approach to knowledge risk management. To the best of the author’s knowledge, no quantitative study on the practice of knowledge risk management dedicated to public and private organisations in Latin America has yet been published in academic journals.